Oil below $103 amid possible reserves release

FILE - In this June 30, 2011 file photo, a motorist pumps gasoline into his vehicle at an Exxon gas station, in Farmers Branch, Texas. (AP Photo/Tony Gutierrez, File)

March 29, 2012 1:09:13 PM PDT
Oil dipped below $103 a barrel and finished at a six-week low Thursday on expectations that the U.S. and Europe will release crude reserves to push energy costs lower.